Category: Ohio

Student venture fund sees early returns at University of Akron

AKRON, Ohio — After investing in a handful of early-stage companies, a student startup booster at the University of Akron is seeing the first fruits of due diligence. On Wednesday, the Northeast Ohio Student Venture Fund accepted a check for $25,000 from Wastebits, an Akron company that designs software for the waste management industry. The […]

2 OSU inventions get $150K from Ohio Third Frontier Commission

The Ohio Third Frontier Commission awarded a combined $150,000 Thursday toward prototypes and market testing for two Ohio State University inventions. The grants come from the Technology Validation and Start-Up Fund, which is targeted for bringing technology to commercialization from Ohio colleges, universities and nonprofit research institutions. SightFourAll Inc., a Columbus company founded in September, […]

Six Northeast Ohio Tech Startups Win $375,000 in Innovation Fund Awards

A wound healing business from Fairlawn, an Akron-based drone designer and manufacturer, and a Cleveland startup using the power of collective intelligence in a chat app are among the six technology companies to receive funding from the Innovation Fund. The awards, totaling $375,000, should help these fledgling companies validate their new technologies and prove their […]

Ohio Third Frontier awards more than $8.4 million to University of Akron, Cleveland Clinic and other Northeast Ohio innovators, universities

The Ohio Third Frontier Commission on Wednesday approved $12.5 million to support startups, commercialize technologies, and help companies develop innovative products. Two-thirds of the money, or more than $8.4 million, was awarded to The University of Akron, the Cleveland Clinic and four other Northeast Ohio businesses and research entities. Other recipients statewide were: Cincinnati Children’s Hospital, The […]

University of Cincinnati Technology Commercialization Accelerator Accepting Applications

Applications are being accepted now through Sept. 1, 2014, for the fourth round of funding from the UC Technology Commercialization Accelerator. The accelerator serves as a vehicle for significantly ramping up the commercialization activity of the university. Its primary focus is on identifying promising, early stage technologies; assessing those technologies to determine viable startup company […]

12 Northeast Ohio companies win $42.3 million from Ohio Third Frontier

Twelve, young companies receive over $42M in support from the state’s economic development engine, Ohio Third Frontier (OTF). OTF has led the nation as an example of what a robust approach, via both funding and support programs, can do for technology and start-ups. Their model works closely with partnering corporations and investors to expand the […]

Innovation Fund Awards Seed Funding to Several Northeast Ohio Startups

Seven innovative Northeast Ohio startups are receiving the early-stage capital necessary to validate a technology or prove out a business model. The Innovation Fund, Northeast Ohio’s most active pre-seed fund for technology-based startups, announced awards totaling $400,000 in its latest funding round, with three companies receiving $100,000 awards and four receiving $25,000 grants.

U Akron Student Fund Lands $250K For Future Investments

A student-run venture fund located at the University of Akron now has $250,000 to invest in start-up businesses and plans to add chapters from other universities. The Northeast Ohio Student Venture Fund has received a $125,000 grant from the Burton D. Morgan Foundation in Hudson. That provided the necessary match for the fund to receive a $125,000 grant from the Ohio Third […]